H&E Equipment Services, Inc. (HEES) — Financial statements
Income statement, balance sheet, and cash flow for H&E Equipment Services, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,517↑3.2% | 1,469↑18.1% | 1,245↑17.1% | 1,063↓9.1% | 1,169 | |
| Cost of Revenue | 841↑7.2% | 785↑13.8% | 689↑6.5% | 647↓15.5% | 767 | |
| Gross Profit | 675↓1.4% | 684↑23.3% | 555↑33.7% | 415↑3.2% | 403 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 397↑15.9% | 343↑18.6% | 289↓0.0% | 289 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 1↑10.0% | 1↓9.1% | 1↑450.0% | 0.20 | |
| SG&A Expenses | 456↑14.3% | 398↑15.9% | 344↑18.5% | 290↑0.3% | 289 | |
| Other Expenses | 0.00↓100.0% | 9 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 456↑11.7% | 408↑18.6% | 344↑18.5% | 290↑0.3% | 289 | |
| Total Costs & Expenses | 1,297↑8.8% | 1,193↑15.4% | 1,033↑10.2% | 938↓11.2% | 1,056 | |
| Operating Results | ||||||
| Operating Income | 229↓17.1% | 277↑433.2% | -83↑38.3% | -135↑10.8% | -151 | |
| Depreciation & Amortization | -16↓104.1% | 388↑23.1% | 316↑15.9% | 272↑0.2% | 272 | |
| EBITDA | 220↓67.3% | 673↑22.2% | 550↑35.0% | 408↑49.0% | 274 | |
| EBIT | 236↓17.1% | 284↑21.0% | 235↑73.3% | 135↑6791.3% | 2 | |
| Interest & Other Income | ||||||
| Net Interest Income | -73↓19.8% | -61↓12.7% | -54↓0.5% | -54↑13.0% | -62 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 73↑19.8% | 61↑12.7% | 54↑0.5% | 54↓13.0% | 62 | |
| Non-Operating Income | -6↑16.2% | -7↓11.7% | -7↓109.0% | -3↓107.6% | 41 | |
| Other Income / Expenses | -67↓24.8% | -54↓12.8% | -47↑6.3% | -51↑51.0% | -103 | |
| Income Before Tax | 163↓27.2% | 223↑23.5% | 181↑121.1% | 82↑297.5% | -41 | |
| Income Tax Expense | 40↓26.6% | 54↑14.6% | 47↑122.3% | 21↑342.7% | -9 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 123↓27.4% | 169↑26.6% | 134↑120.7% | 61↑230.5% | -46 | |
| Net Income from Discontinued Operations | 0.00 | 0.00↑100.0% | -2 | 0.00↓100.0% | 14 | |
| Net Income | 123↓27.4% | 169↑28.1% | 132↑118.2% | 61↑285.4% | -33 | |
| Bottom-Line Net Income | 123↓27.4% | 169↑28.1% | 132↑28.9% | 103↑413.9% | -33 | |
| EPS (Basic) | 3.39↓27.7% | 4.69↑25.7% | 3.73↑123.4% | 1.67↑283.5% | -0.91 | |
| EPS (Diluted) | 3.37↓27.7% | 4.66↑25.3% | 3.72↑124.1% | 1.66↑282.4% | -0.91 | |
| Weighted Average Shares | 36↑0.6% | 36↑0.4% | 36↓0.9% | 36↑0.5% | 36 | |
| Weighted Average Diluted Shares | 36↑0.4% | 36↑0.7% | 36↓1.0% | 36↑1.1% | 36 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.